Pakistan and Malaysia have agreed to build a strong economic partnership and work together on issues affecting the Muslim Ummah.
The understanding came at talks between Prime Minister Imran Khan and Malaysian Prime Minister Mahathir Mohamad at Putrajaya.
The two sides agreed for regular discussions to strengthen the trade and investment relations by removing barriers in key areas. Both the sides also expressed commitment to build stronger ties in the areas of defense, law enfrocement, tourism and education.
ISLAMABAD: Pakistan government makes new investment offers to the British Investors.
Special Assistant to Prime Minister on Petroleum Nadeem Babar on Tuesday invited the British investors to tap opportunities in Pakistan’s exploration and production (E&P) sector.
He extended this invitation to a British delegation, led by Her Majesty’s Trade Commissioner Simon Penny, on Tuesday. UK’s Deputy High Commissioner to Pakistan Mike Nithavrianakis and British High Commission Deputy Director for Trade Ms Olivia Campbell were also the part of delegation.
KARACHI: Bangladesh aims to meet a challenging $50 billion export target by 2021 and wants Pakistan to expand its investment partnership with it for making the most of the opportunities available in the world’s s second largest garments' exporter.
“I invite Pakistani businessmen to import more from Bangladesh,” said Tarik Ahsan, High Commissioner of Bangladesh, in a seminar titled “‘Taking Bangladesh where export and investment grow better” organised by his office at a local hotel. Ahsan said Pakistani companies had significant investment in apparel sector in Bangladesh, while his country had established 100 economic zones for facailitating foreign investment.
LONDON: The Chief Executive Officer (CEO) of a leading real estate company taking investment to Pakistan from the United Kingdom has said that there’s been a slump in the market for a few months but now the investment is picking up with buyers showing more interest and actually buying affordable plots.
The Citi Housing Society’s Maryam Hamza said that Pakistanis in the UK are increasingly investing in Pakistan’s housing schemes as a way to secure long-term investment.
KARACHI: Pakistan offers a potential $96.2 billion investment opportunity for the private sector to help achieve the UN’s Sustainable Development Goals (SDGs), the Standard Chartered SDG Investment Map said on Monday.
The study, Opportunity2030, identified opportunities for the private sector to contribute to three infrastructure-focused goals between now and 2030: SDG 6, Clean Water and Sanitation; SDG 7, Affordable and Clean Energy; and SDG 9, Industry, Innovation and Infrastructure across emerging markets.
The Chief US diplomat for South Asian Affairs Alice Wells said Friday that the American energy firms and manufacturers are interested in the Pakistani market.
Wells, the principal deputy assistant secretary of state for South and Central Asian Affairs, said that Exxon-Mobil, Excelerate, Cargill and Honeywell are all pursuing major new investments.
The US diplomat said that online taxi service Uber is creating 80,000 jobs for Pakistani youth.
LAHORE: Federal Minister of Economic Affairs Hammad Azhar on Sunday said that investment in the country had increased manifold due to the prudent policies of the Pakistan Tehreek-e-Insaf (PTI) government.
Addressing an event in Lahore, he said that PTI government had not only uplifted the ailing economy but also virtually put it on a path of growth.
“Investment in the country has increased by 78%,” he said.
Prime Minister Imran Khan, addressing the Pakistan Strategy Dialogue in Davos, underscored the government’s efforts to promote business in the country and pitched Pakistan as a viable investment destination for foreign firms.
“When we assumed power, our biggest challenge was the current account deficit – shortage of dollars, our currency was falling, next was investment.”
Reiterating his government’s efforts to remove hurdles in the way of investment, the premier said: “Pakistan was one of the top countries in the World Banks’ ease of doing business index. We still have a long way to go but this is the direction the country is headed in.”
ISLAMABAD - President Dr. Arif Alvi has said that the world is eying Pakistan as an important country for investment. Addressing the all Pakistan Chambers Presidents’ Conclave 2020 in Islamabad on Tuesday, the President said that the world leaders consider Pakistan as an emerging power because of its geo strategic location and the human resource dividend. The President ,however, stressed the need for promoting domestic investment in order to further encourage the foreign investment.
KARACHI: The flow of foreign investment has accelerated in the rupee-based government debt securities after authorities simplified the tax regime for non-residents two weeks ago as investment totaled $2.23 billion in first seven months of the current fiscal year.
Pakistan received a record $536 million in foreign investment in short-term treasury bills (T-bills) in a single day on Thursday (Jan 16), the State Bank of Pakistan (SBP) reported.